What is the Young Apprenticeship Grant?

£3,000 for SME’s

100 young apprenticeship grant funds are available as part of Lancashire County Councils Economic Recovery and Growth Fund.  These grants are available for those eligible who haven’t yet recruited an apprentice before.

Eligibility:

  • be a Small, Medium, Enterprise SME (Turnover
    <£50m & Employees < 250)
  • start an apprentice between 1st July 2022 and
    31st July 2023
  • Apprentice must be under 25 years old
  • Have premises within the county of Lancashire
  • Operate within Advanced Manufacturing or
    Aerospace sectors

 

The Benefits for your Business of the Young Apprenticeship Grant

  • 86% of employers said apprenticeships
    helped them develop skills relevant to their
    organisation
  • 78% of employers said apprenticeships
    helped them improve productivity
  • 74% of employers said apprenticeships
    helped them improve the quality of their
    product or service

Other benefits of working with apprentices
include:

  • you can adapt their training according to
    the needs of your business
  • they’re motivated to learn new skills
  • you can expand and upskill your workforce

 

Two payments of £1,500

One at the start of the apprenticeship

Second one 90 days after apprentice starts with learning provider.

 

How do I find out more?

Contact:

Paul Hannant

07816 195255

paul.hannant@lancashirelep.co.uk

or use our contact page and we will let them know